comparemela.com

Latest Breaking News On - Sohar international islamic window - Page 1 : comparemela.com

Sohar Islamic partners with Zakat Authority

Sohar Islamic partners with Zakat Authority
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.

Sohar Islamic completes issuance of Takaful Oman s perpetual sukuk

Sohar Islamic completes issuance of Takaful Oman s perpetual sukuk By: Times News Service Muscat: Reiterating its strong market position and investor confidence, Sohar Islamic – Sohar International’s Islamic Window, has completed the issuance of OMR6 million Perpetual Sukuk Al Mudaraba Trust Certificate, by Takaful Oman Insurance - a leading Takaful company in Oman. The Perpetual Sukuk has an initial yearly profit rate of 8.5 per cent, payable semiannually through Takaful Sukuk Specialised Purpose Company (SPC) established by Takaful Oman for this specific programme. As the issue managers and financial adviser, Sohar Islamic played a pivotal role in ensuring the successful issuance and completion of the entire activity. The placement of the issue was done through a private placement to select investors whilst receiving strong interest from institutions, fund managers, and wealth management clients of the bank.

Sohar Islamic successfully completes the issuance of Oman s first ever perpetual Sukuk by Takaful Oman

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.